Northerly Island (also Northerly Island Park ) is a 119-acre (48 ha) human-made peninsula and park located on Chicago 's Lake Michigan lakefront. Originally constructed in 1925, Northerly Island was the former site of the Century of Progress world's fair and later Meigs Field airport and, since Meigs Field's closure, has been a recreational area part of Chicago's Museum Campus . It is the site of the Adler Planetarium , the Huntington Bank Pavilion (a semi-temporary concert venue), the Northerly Island Natural Area, the 12th Street Beach and numerous art installations. Per its name, Northerly Island was constructed as an island, but is connected to the lakefront by a causeway at the northern end carrying Solidarity Drive to the planetarium.
53-676: Huntington Bank Pavilion at Northerly Island is an outdoor amphitheater located on the human-made peninsula Northerly Island , in Chicago, Illinois . The venue is a temporary structure, with the summer concert season running from May or June until September or October. The amphitheater opened in June 2005. It was previously named the FirstMerit Bank Pavilion , and before that the Charter One Pavilion . Known as
106-510: A mutual savings bank to a federal stock savings bank. Expansion into other states began with Massachusetts in 1986. In 1988, Royal Bank of Scotland Group acquired Citizens. Under RBS ownership, Citizens acquired several smaller banks in New England to become the second largest bank in the region. In 1996, in conjunction with the acquisition of First NH Bank , the Bank of Ireland gained
159-769: A 23.5% stake in Citizens, which RBS then acquired two years later to resume 100% ownership. In 1999, Citizens acquired the United States Trust Company of Boston and the retail banking business of State Street Corporation , significantly increasing its footprint in Massachusetts . Expansion outside New England began in 2001, when RBS purchased the retail banking division of Mellon Financial Corporation in Pennsylvania, New Jersey and Delaware for $ 2 billion. At one stroke, Citizens Bank became
212-578: A city environment. On these Polar Adventure Days, the Park District offers free snowshoe rental (when there are 3 or more inches of snow) and cross country skiing, as well as a host of indoor activities in the Northerly Island Visitors Center. 41°51′37″N 87°36′30″W / 41.8604°N 87.6083°W / 41.8604; -87.6083 Citizens Financial Group Citizens Financial Group, Inc.
265-577: A dramatic burning of the "GRIT House," food concessions, performance stages, and a dramatic fireworks finale, among other things. The Chicago Park District hosts many events on Northerly Island to allow individuals and families to take advantage of all the natural area the park has to offer. During the winter months, the Chicago Park District hosts Polar Adventure Days, allowing parents to bring their children and experience nature in ways that would normally not be possible for those living in
318-410: A new bag policy at their events. To reduce staff contact with guest belongings, they allow clear plastic, vinyl or PVC tote bags no larger than 12” x 6” x 12” and/or small clutch bags (4.5”x 6.5”). No other bags of any type will be allowed. The Chicago Park District originally sought expansion in 2010, wanting to increase capacity to 14,000 and attract mainstream acts to the venue. The city voted against
371-433: A park. In 2005, an outdoor concert venue opened on the northern part of Northerly Island. Originally named Charter One Pavilion, it was expanded in 2013 and renamed to First Merit Bank Pavilion, and as of January 2017 it is named Huntington Bank Pavilion . In December 2010, the Chicago Park District unveiled its framework plan for Northerly Island, to be completed over the next 20–30 years. The planned park would provide
424-534: A partial spinoff of Citizens through an initial public offering within the next two years. Then in October 2013, RBS announced it would sell its Chicago -area branches, which represented 6% of its U.S. deposits; Citizens later agreed to sell those branches to U.S. Bancorp on January 7, 2014. Finally in November 2013, RBS announced that it would divest all of Citizens Financial Group. The bank began trading on
477-472: A suitable nearby airport, except for Grant Park, which was occasionally used as a landing strip. Local publishing mogul Merrill C. Meigs supported earlier recommendations for converting Northerly Island into an airport, but construction did not begin for numerous reasons, such as lack of funds during the Great Depression and WWII. Construction did not begin until after a competing proposal to host
530-426: A variety of uses year-round with ecology and education central themes. A reef would be built, and the park would be designated into zones of "passive" and "active" relating to the amount of human activity. In 2015, a 40-acre park opened on the southern part of the island. The park features a concrete trail for walking and bicycle riding, a lagoon, and landscaped wildlife habitats. Northerly Island's nature preserve
583-514: Is an American bank holding company , headquartered in Providence, Rhode Island . The company owns the bank Citizens Bank, N.A. , which operates in the U.S. states of Connecticut , Delaware , Florida , Maryland , Massachusetts , Michigan , New Hampshire , New Jersey , New York , Ohio , Pennsylvania , Rhode Island , Vermont , and Virginia , as well as Washington, DC . Between 1988 and its 2014 initial public offering , Citizens
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#1732802435988636-648: Is full-service banking from 10 a.m. to 3 p.m. on Sundays; historically, USA banks were often closed on Sunday and even Saturdays. In September 2010, Giant Eagle announced a new agreement with Huntington Bank in which Huntington would open branches in several stores in Ohio and West Virginia and will replace existing branches of other banks when the store's agreements with those banks expire. On June 25, 2008, Citizens Bank announced would sell 18 branches in upstate New York as it prepared to open 57 branches downstate. Community Bank System Inc. of DeWitt, New York purchased
689-547: Is meant to revitalize the environment that was originally there. The new park is now home to migratory birds and natural wildlife. To protect its new inhabitants, dogs are not allowed on the park. The mile of paved paths has no lighting to create as natural of an environment as possible. The park is open until 11:00 PM, and it is advised by park security to bring a flashlight. The park is home to many of Illinois' natural wildlife, including monarch butterflies and herons. The park's 5-acre lagoon welcomes many kinds of animals. To make
742-540: The Adler Planetarium was built; and in 1933–34 the island was at the center of festivities at the " Century of Progress " World's Fair. Taking part in the Century of Progress Exposition, 24 Italian Savoia-Marchetti S55X flying boats, under the command of General Italo Balbo, make the first transatlantic formation flight between Italy and Chicago. Only flying boats could be used because Chicago did not yet have
795-569: The Fortune 500 for the first time. In August 2015, the Consumer Financial Protection Bureau (CFPB) and other federal regulators levied nearly $ 35 million in penalties against Citizens Bank "for failing to credit to customers’ accounts the full amount of their deposits". The regulators declared that, from 2008 to 2013, "The bank’s actions resulted in consumers being shorted millions of dollars". Joint action by
848-642: The Ravinia Pavilion . Construction began in December 2004. Since the venue would be located on the nature reserve, the structure would be erected in June and disassembled in September of each year. The venue was designed by Mark Dewalt of Valerio Dewalt Train Associates; costing $ 1.7 million to construct. The amphitheater features a 56' × 40' stage with 15' × 20' video screens on either side of
901-623: The United Nations Headquarters on the island was lost in 1946. The Works Progress Administration connected the island to the mainland via a causeway at 12th Street in 1938. During this period Northerly Island was full of paths and walkways as well as a beach at 12th Street. In 1994, Mayor Richard M. Daley announced plans to close the airport and build a park in its place. In 1996, the Chicago Park District , which owned Northerly Island, refused to renew
954-436: The "Venue with a View", the amphitheater has views of Lake Michigan , Burnham Harbor , Soldier Field , and the Chicago skyline . The venue lies on the former site of Meigs Field . On March 30, 2003, Mayor Richard M. Daley ordered a midnight demolition of the airfield. The construction crew excavated six large X's on the runway. Daley stated the continued operation of the airfield was a threat to Chicago's cityscape, using
1007-473: The 1893 Columbian Exposition , which saw the significant expansion of Jackson Park . Following that success, in 1894 the South Park Commission proposed improvements to the lakefront from Jackson Park to Grant Park that led to an 1896 plan to connect the two parks with a new outer belt of parks enclosing a shoreline lagoon. Daniel Burnham 's 1909 " Plan of Chicago " renewed the call for
1060-678: The CFPB, the FDIC , and the Comptroller of the Currency determined that Citizens Bank had engaged in "deceptive practices" by "fail[ing] to give customers their full deposits at times when the size of the deposit didn’t match the number written on deposit slips", despite promising to correct such discrepancies, instead pocketing the difference. The bank was required to reimburse its customers for lost funds as well as pay roughly $ 20 million in fines to
1113-664: The Citizens Bank banner on seven branches in Butler County, Pennsylvania . This rebranding resolved a 3½-year-old name dispute with Butler -based Citizens National Bank. By mid 2005, Citizens National and Citizens Financial agreed to a compromise. Citizens National Bank changed its name to NexTier Bank , while the Citizens Financial Group branches reverted to the "Citizens Bank" name. A new corporate logo designed to show Citizens Bank's connection to
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#17328024359881166-606: The Citizens Bank name in most of Charter One's territory, Citizens Financial elected to keep the Charter One name in Charter One's Midwestern footprint. However, it re-branded the New York and Vermont branches as Citizens Bank. This purchase made Citizens Financial the 12th largest bank in the United States with over $ 131 billion in assets and 1,530 branches across 13 states. In early 2005, the Charter One name replaced
1219-461: The City of Chicago the effort of further court battles before the airport could close. He claimed that safety concerns required the closure, due to the post- September 11 risk of terrorist-controlled aircraft attacking the downtown waterfront near Meigs Field. While aviation interests and commentators decried the move, supporters of the park believe it was in the city's best interest for the land to be
1272-741: The High Street Bank in Providence, Rhode Island. In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Citizens Trust Company. The bank then expanded through Rhode Island, opening a total of 29 branches in that state. It established Citizens Financial Group as a holding company when the bank acquired The Greenville Trust Company in 1954. In 1985, Citizens changed status from
1325-598: The New York Stock Exchange under the ticker symbol CFG on September 24, 2014, raising $ 3 billion. By April 2015, RBS Group's shareholding in the bank had dropped to 45.6%. A further sale in July 2015 reduced RBS' stake to 23.4%. RBS sold its remaining stake in the bank in October 2015. However, Citizens still uses the RBS "daisy wheel" logo. In June 2016, it was announced that Citizens Financial Group had joined
1378-963: The Old National Bank banner. The transaction closed in June 2010. In 2014, Citizens sold 94 branches in metropolitan Chicago to U.S. Bancorp . Citizens Republic Bancorp was founded in Flint, Michigan, in 1871 and merged with Republic Bank in 2006. In 2007, Citizens Republic prevailed in a case to prevent Citizens Financial from using the similar name in Michigan and Ohio. FirstMerit Bank acquired Citizens Republic in 2013 and rebranded all branches as FirstMerit until 2016 when Huntington Bancshares acquired FirstMerit. With conflicting names no longer an issue, Citizens Bank announced June 30, 2014, that Charter One branches in Michigan and Ohio would be rebranded as Citizens Bank. The name change officially took place on April 27, 2015, bringing to an end
1431-475: The Plan of Chicago, wrote that a lakefront location would be most suitable for an airport serving the central business district. By 1922, Chicago Mayor William Hale Thompson recommended locating the downtown airport at Northerly Island. Work on the island began in 1920 when Chicago voters approved a $ 20 million bond issue to create Northerly Island, with construction completed by 1925. A short time later in 1930,
1484-554: The Royal Bank of Scotland debuted on April 26, 2005. In July 2006, Citizens Bank eliminated the mortgage department in Michigan and terminated over 100 employees. On September 1, 2007, the individual banks under Citizens Financial Group, excluding Citizens Bank of Pennsylvania, merged into RBS Citizens, N.A. In November 2008, Charter One sold its network of 65 branches in Indiana to Old National Bank which rebranded them under
1537-530: The agreement, Citizens would acquire approximately $ 9.0 billion in deposits and approximately $ 2.2 billion in loans. In April 2022, Citizens completed the acquisition of 80 branches from HSBC in New York City, New Jersey, Pennsylvania, Washington, D.C., Maryland, Virginia, and Florida. In July 2021, Citizens announced plans to acquire New Jersey–based bank holding company Investors Bancorp for $ 3.5 billion. Citizens took over more than 150 branches with
1590-429: The airfield. Originally, the space was planned to become an aviation museum. Daley refuted the plan and proposed the space become a lakefront park and nature reserve. Within the allocated 91 acres, Northerly Island was born. Over four acres were set aside for the forthcoming music venue. With the new advent of the nature reserve to replace Meigs Field, the Chicago Park District proposed an outdoor music venue, similar to
1643-454: The airport lease. The city briefly closed the airport from the expiration of the lease in October 1996 through February 1997 when pressure from the state legislature persuaded them to reopen the airport. Ultimately on the night of March 30, 2003, Mayor Daley ordered city crews to make the runway unusable by bulldozing large X-shaped gouges into the runway surface in the middle of the night. Daley defended his actions by claiming it would save
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1696-424: The article, the request was related to the investigation into alleged Russian interference in the 2016 United States elections . Manafort reportedly secured a 2.7 million-dollar loan from Citizens in 2016. On February 26, 2018, Bloomberg News reported that Citizens' stock price dropped 4.1 percent after U.S. Special Counsel Robert Mueller ’s indictment of Manafort was released, appearing to indicate that Citizens
1749-520: The branches in Ausable Forks, Champlain, Fort Covington, Indian Lake, Lake Placid, Lyons Falls, Long Lake, Malone, Newcomb, North Creek, Plattsburgh, Saranac Lake, Ticonderoga, Tupper Lake and Whitehall. The sale completed on November 7, 2008. In October 2009, Citizens Bank opened a full-service branch inside a Dunkin' Donuts in Bellingham, Massachusetts . The branch offers teller windows,
1802-587: The closing ceremonies of the second annual Great Chicago Fire Festival were held on Northerly Island after the festival was moved from its original location on the Chicago Riverfront in 2014. This event is put on by Redmoon Theater in conjunction with the City of Chicago and Chicago Park District and is meant to commemorate the Great Chicago Fire of 1871 . The closing ceremony includes
1855-467: The creation of a chain of lakefront parks between Jackson Park and 12th Street. Northerly Island was the only lakefront structure to be built based on that Plan. Northerly Island forms the southern end of Chicago Harbor , and the eastern boundary of Burnham Harbor. As indicated by the color green on the original plan, the island was to be populated by trees and grass for the public enjoyment. Daniel Burnham died in 1912. By 1916, Edward H. Bennett, co-author of
1908-686: The credit card division of Connecticut-based People's Bank. This purchase allowed Citizens to issue and market its own credit cards. In October 2015, RBS sold its remaining stake in Citizens Financial Group, having progressively reduced its stake through an initial public offering (IPO) started in 2014. In August 2004, Citizens Financial acquired Cleveland -based Charter One Financial, parent company of Charter One Bank, with branches in Illinois , Ohio , Indiana , Michigan , upstate New York , and Vermont for $ 10.5 billion. Because Citizens Republic Bancorp of Flint, Michigan , already operated under
1961-674: The deal. As of February 2023, all Investors locations were rebranded as Citizens Bank. Like several other banks, Citizens has agreements with several supermarket chains to locate bank branches in the stores. The greatest number of these are in Pittsburgh -based Giant Eagle stores, most of which were acquired in the acquisition of Mellon Financial Corporation 's retail banking division. Citizens also operates branches inside many Stop & Shop and Shaw's stores in New England. One unique aspect at Citizens branches inside supermarkets
2014-528: The effective nationalization of RBS in 2008, speculation arose as to whether RBS would retain Citizens Bank. In 2012, public pressure in the United Kingdom grew for RBS to focus on its home market and sell foreign assets, including Citizens Bank, in order for UK taxpayers to earn their money back. Substantial interest in Citizens Bank had been rumored from other foreign banks such as Brazil -based Itaú Unibanco and Canada -based Toronto-Dominion Bank ,
2067-441: The end of 2016. On January 9, 2017 the venue name was changed to reflect this. The venue is now known as Huntington Bank Pavilion at Northerly Island. All performances canceled due to Covid-19 Northerly Island Solidarity Drive is dominated by Neoclassical sculptures of Tadeusz Kościuszko , Karel Havlíček Borovský and Copernicus . The initial plans that led to the construction of Northerly Island were inspired by
2120-416: The events of 9/11 as a reference. The airfield was set to continue operation until 2011, when it would be turned over to the City of Chicago. No one within state or city government were consulted on the demolition besides Daley. The Federal Aviation Administration fined the city $ 33,000, with an additional one million paid in grants. In August 2003, construction crews were sent in to continue demolition of
2173-488: The expansion in 2011. In March 2013, the Chicago Plan Commission approved a $ 3 million plan to grow the venue's capacity from 8,000 to 30,000 seats. This would mean rotating the stage to feature a lawn seating area, increasing the overall space of the venue from 4.78 to 6.9 acres. Additionally, two 300-seat grandstands were added, while the lawn arena can accommodate 22,000. There's a 12-foot slope from
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2226-508: The front of stage to the rear of lawn, providing the proper elevation change so that the lawn can be used as a park area when not in use by the pavilion. The expansion also includes shuttle buses from the neighboring Soldier Field to help concert attendees with parking. The main entrance was widened to accommodate the capacity expansion. Delay systems for sound were added to the stage and lawn area. The original video screens were replaced by two 14' × 27' LED screens and two 11' × 17' LED screens in
2279-530: The latter of which already had an existing U.S. branch network that overlapped with the existing Citizen footprint east of the Appalachian Mountains . The Bank of Montreal , with its existing U.S. presence , was also mentioned as a possible buyer. U.S. banks mentioned as potential Citizens buyers included JPMorgan Chase , Wells Fargo , U.S. Bancorp , PNC Financial Services , and Fifth Third Bank . In February 2013, RBS confirmed at least
2332-704: The lawn area. The newly renovated venue was expected to open June 27, 2013. However, due to heavy rainfall the opening was postponed. Concerts by Dispatch and O.A.R. were relocated to the UIC Pavilion . It was opened on June 29, 2013 by Jimmy Buffett and the Coral Reefer Band . Upon original conception, the venue was known as the Lakefront Pavilion. On June 22, 2005, it was announced Charter One Financial purchased naming rights for five years, for $ 2.5 million. From 2005 until 2013,
2385-530: The name Charter One in Cleveland ; the city in which it was founded. In May 2008, Citizens Financial Group failed to publicly announce that it was under investigation by the Securities and Exchange Commission (SEC) for its involvement in the sub-prime mortgage crisis that devastated the U.S. housing market and bond investors around the world. The SEC only investigated banks if suspected of involvement in
2438-412: The park as inviting to these animals as possible, over 11,000 shrubs and 400 trees were planted. The creation of the lagoon led to considerable weakening of the eastern shore of Northerly Island. Stones were piled high enough to hamper the view of Lake Michigan. Erosion continued, destroying and closing most of the east side trail. The city has plans for repairs but no timetable. On September 26, 2015,
2491-632: The purchase and sale of subprime securities. In 2008, the company lost $ 929 million and anticipated writing off $ 2 billion in bad loans. Royal Bank of Scotland posted the biggest loss in British corporate history and announced cost-cutting measures at Citizens. A Philadelphia developer sued Citizens Bank January 27, 2010, for $ 8 billion, under a claim that the bank used sham accusations of default to recall loans in an effort to prop up its failing parent companies, Citizens Financial Group and "its ultimate parent, The Royal Bank of Scotland Group." Following
2544-561: The second-largest bank in Pennsylvania, and a major bank in both Philadelphia and Pittsburgh . In July 2003, the bank purchased the naming rights to the new home field of the Philadelphia Phillies , which was named Citizens Bank Park . On January 17, 2003, Citizens Financial Group purchased Commonwealth Bancorp, the holding company for Commonwealth Bank, based in Norristown, Pennsylvania . In 2004, RBS purchased
2597-463: The stage. It features three grandstands (totaling 3,666 seats) and a general admission area (totaling 4,500 seats). The Chicago Park District receives roughly $ 250,000 from the venue (through sponsorship deals) and $ 1 from every ticket sold during concert season. The venue opened June 24, 2005, with a concert by American band Earth, Wind & Fire . After the COVID-19 pandemic, the venue implemented
2650-671: The three agencies. The New York Times said that Citizens Bank's misconduct "is appalling precisely because it is so basic", demonstrating that "regulators like the Consumer Financial Protection Bureau are a necessary defense against a system prone to abuses". On May 12, 2017, The Wall Street Journal reported that the United States Department of Justice requested from numerous banks, including Citizens, Trump 2016 campaign manager Paul Manafort's transaction records. According to
2703-607: The venue was known as the Charter One Pavilion at Northerly Island. With new construction underway, it was revealed the venue was seeking a new sponsorship deal. In June 2013, Ohio-based FirstMerit Corporation purchased a multi-year naming rights agreement. The length of the contract and amount were not disclosed. From June 27, 2013 until January 8, 2017 the venue was known as the FirstMerit Bank Pavilion. Huntington Bank acquired FirstMerit Bank near
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#17328024359882756-457: Was a wholly owned subsidiary of Royal Bank of Scotland . The group sold its last 20.9% stake in the company in October 2015. Citizens operates 1,078 branches and 4 wealth centers as of August 31, 2023, and over 3,200 ATMs across 11 states under the Citizens Bank brand. Citizens ranks 18th on the List of largest banks in the United States as of Q3 2024. Citizens was established in 1828 as
2809-542: Was the "Lender B" cited as having lent 3.4 million dollars to the former campaign manager of President Trump. In August 2018, Citizens completed its acquisition of Franklin American Mortgage in a deal valued at $ 511 Million, expanding its presence into Tennessee and Texas. On May 26, 2021, Citizens entered into an agreement with HSBC Bank USA to purchase HSBC's retail operations on the East Coast. Under
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